The Hare's House (The House of Bicycles) XXI project from Lithuania is seeking investments of 80,000 euros for Real Estate development with an expected annual return of 10.5-12%. The loan term is 10 months, meaning the borrower must repay the loan amount and interest within 10 months after receiving the loan.
The project's risk level on the platform is rated as C. The platform states that there are 10 different risk ratings ranging from "A+" to "D". Around 9% of projects on the platform have ratings of "A+", "A", "A-", while the majority, about 58%, have ratings of "B+", "B", "B-". Projects with ratings of "C+", "C", "C-" make up around 30%, and the rest fall under the D rating. Risk ratings are provided to better understand the project's level of risk. Ratings of A and B indicate lower expected investment risk compared to investing in loans with ratings of C or D, but the returns will be lower accordingly when investing in projects with lower risk levels.
The project has a Loan-to-Value (LTV) ratio of 53%, which is within the maximum value of 70%. The maximum allowable LTV value for the project is 85%, which may be a limitation or standard requirement for this type of financing.
The internal project number is P00000744-23 on the licensed crowdfunding platform Profitus from Lithuania. It is important to note that the information on the platform should not be construed as a recommendation, advice, or invitation to use a specific investment service and is not considered the basis or part of subsequent transactions. Investing always carries the risk of losing part or all of the investments. I agree with Profitus platform and also recommend approaching investments responsibly by diversifying your investments. In the countries of the European Union, crowdfunding is not prohibited by the Law on Deposit Insurance and Investor Responsibility.
Vastab nimele Eleni
Vastab nimele Nicholas